Genimma
ActiveSummary
Genimma has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €410k and a net result of €-1k. Equity is growing by ~7.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability69▼-31
Solvency88▼-6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 1.68 against 1.75 in 2023; short-term debt: 37.3% and cash: 0% of total assets), and 37.3% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
62.7%
Return on assets
-0.2%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 55 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
55 d late
2023
30 d late
2022
31 d late
2021
30 d late
2020
61 d late
2019
82 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€410k▼ 11.1%
2023 · €461k
Total assets
€654k▼ 1.6%
2023 · €665k
Net result
€-1k
2023 · €280k
Working capital
€166k▲ 9.7%
2023 · €152k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€358▼ 99.8%€144k▲ 40,196%€-38k€407k€245▼ 99.9%
Net result€-21k€88k€-45k€280k€-1k
Equity€319k▼ 6.0%€407k▲ 27.4%€362k▼ 11.1%€461k▲ 27.5%€410k▼ 11.1%
Total assets€695k▲ 98.1%€596k▼ 14.2%€687k▲ 15.2%€665k▼ 3.2%€654k▼ 1.6%
Debt€376k▲ 3,369%€189k▼ 49.6%€325k▲ 71.7%€203k▼ 37.4%€244k▲ 19.9%
Working capital€536k▲ 149%€211k▼ 60.6%€172k▼ 18.7%€152k▼ 11.7%€166k▲ 9.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 100% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €654k
Fixed assets
€244k ▼ 21.3%
Current assets
€410k ▲ 15.5%
Equity and liabilities €654k
Equity
€410k ▼ 11.1%
Debt
€244k ▲ 19.9%
Debt's share of the balance-sheet total rises from 30.6% to 37.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€8k▼
2023 · €415k
Cash flow
€7k▼
2023 · €287k
Current ratio
1.68▼
2023 · 1.75
Debt to equity
0.60▲
2023 · 0.44
ROE
-0.3%▼
2023 · 60.6%
ROA
-0.2%▼
2023 · 42.1%
Interest coverage
6.77▼
2023 · 99.21
Debt ≤ 1 year
€244k▲
2023 · €203k
Income taxes
€199▼
2023 · €123k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €182k | €0 | €407k | €15k | ▼ 96.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €7k | €8k | €8k | €8k | ▲ 1.7% |
| Other operating charges640/8 | - | €18k | €4k | €154 | €1k | ▲ 554% |
| Gross operating margin9900 | €10k | €170k | €-26k | €415k | €9k | ▼ 97.8% |
| Operating profit (loss)9901 | €358 | €144k | €-38k | €407k | €245 | ▼ 99.9% |
| Financial income75/76B | - | €105 | €0 | - | - | - |
| Recurring financial income75 | €10 | €105 | €0 | - | - | - |
| Financial charges65/66B | - | €23k | €7k | €4k | €1k | ▼ 71.5% |
| Recurring financial charges65 | €12k | €23k | €7k | €4k | €1k | ▼ 71.5% |
| Profit (loss) for the period before taxes9903 | €-11k | €122k | €-45k | €403k | €-946 | ▼ 100% |
| Income taxes67/77 | €9k | €34k | €0 | €123k | €199 | ▼ 99.8% |
| Profit (loss) for the period9904 | €-21k | €88k | €-45k | €280k | €-1k | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €-21k | €88k | €-45k | €280k | €-1k | ▼ 100% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €695k | €596k | €687k | €665k | €654k | ▼ 1.6% |
| Fixed assets21/28 | €117k | €325k | €317k | €310k | €244k | ▼ 21.3% |
| Tangible fixed assets22/27 | €117k | €111k | €103k | €96k | €30k | ▼ 68.9% |
| Land and buildings22 | - | €110k | €103k | €96k | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €1k | €611 | €188 | €30k | ▲ 15,735% |
| Financial fixed assets28 | - | €214k | €214k | €214k | €214k | = |
| Current assets29/58 | €578k | €271k | €369k | €355k | €410k | ▲ 15.5% |
| Stocks and contracts in progress3 | €350k | €35k | €189k | €196k | €0 | ▼ 100% |
| Stocks30/36 | - | €35k | €189k | €196k | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €228k | €206k | €180k | €158k | €410k | ▲ 160% |
| Trade receivables40 | - | €15k | €29k | €68k | €68k | = |
| Other amounts receivable41 | - | €191k | €152k | €90k | €342k | ▲ 280% |
| Cash at bank and in hand54/58 | €167 | €30k | €176 | €1k | €12 | ▼ 99.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €695k | €596k | €687k | €665k | €654k | ▼ 1.6% |
| Equity10/15 | €319k | €407k | €362k | €461k | €410k | ▼ 11.1% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €300k | €388k | €370k | €440k | €390k | ▼ 11.4% |
| Non-distributable reserves130/1 | - | €368k | €368k | €438k | €388k | ▼ 11.4% |
| Reserves not available under the articles1311 | - | €368k | €368k | €438k | €388k | ▼ 11.4% |
| Distributable reserves133 | - | €20k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €455 | €62 | €-27k | €3k | €1k | ▼ 47.9% |
| Amounts payable17/49 | €376k | €189k | €325k | €203k | €244k | ▲ 19.9% |
| Amounts payable after more than one year17 | €334k | €129k | €125k | €0 | - | - |
| Financial debts170/4 | - | €129k | €125k | €0 | - | - |
| Amounts payable within one year42/48 | €42k | €60k | €198k | €203k | €244k | ▲ 19.9% |
| Current portion of amounts payable after more than one year42 | - | €5k | €5k | €0 | - | - |
| Trade debts44 | €31k | €21k | €193k | €83k | €244k | ▲ 194% |
| Suppliers440/4 | - | €21k | €193k | €83k | €244k | ▲ 194% |
| Taxes, remuneration and social security45 | - | €34k | €0 | €121k | €199 | ▼ 99.8% |
| Taxes450/3 | - | €34k | €0 | €121k | €199 | ▼ 99.8% |
| Accrued charges and deferred income492/3 | - | - | €2k | €0 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-21k | €88k | €-45k | €280k | €-1k | ▼ 100% |
| + Depreciation and write-downs630 | €7k | €7k | €8k | €8k | €8k | ▲ 1.7% |
| Operating cash flow (approximation) | €-13k | €95k | €-38k | €287k | €7k | ▼ 97.7% |
| Investment in fixed assets (approximation) | - | €-215k | €0 | €0 | €58k | - |
| Change in cash | - | €30k | €-30k | €1k | €-1k | ▼ 215% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2025
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 55 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €280k
Net result €280k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-45k
Net result drops to €-45k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Back to profitnet €88k
Net result €88k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
21-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 82 days late
2019
31-12
Financial
Back to profitnet €143k
Net result €143k after one loss-making year.
31-12
Financial
Liquidity times 45current ratio 20.89
Current ratio from 0.46 to 20.89; short-term debt falls from €70k to €11k.
31-12
Financial
Equity above €200kEq €340k ▲72.4%
Equity rises from €197k to €340k.
Show earlier events
28-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
08-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
20-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1982
Ground area
838 m²
Building footprint
837 m²
Volume, LiDAR
14,525 m³
2 parcels, Flanders · tallest building 34.1 m, ±7 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
GENIMMA
since 19822.020.534.249
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11803C0372/00K004 | Flanders | 616 m² | 1 · 616 m² | 34.1 m · 4 fl. |
| 11810K2743/00Y002 | Flanders | 222 m² | 1 · 221 m² | 23.5 m · 7 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded31-03-1982
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.